Diesel prices up by P2.70 starting Oct. 18; gasoline, kerosene to rise, too

MANILA, Philippines — Pump prices of diesel, gasoline and kerosene will increase anew starting Tuesday this week.

Local oil firms announced on Monday that they would implement the following price adjustments, with prices of diesel to rise by P2.70 per liter, starting Oct. 18, Tuesday:

Shell (6 a.m.)

Gasoline: +P0.80 per liter

Kerosene: +P2.90 per liter

Diesel: +P2.70 per liter

Cleanfuel (4:01 p.m.)

Gasoline: +P0.80 per liter

Diesel: +P2.70 per liter

Seaoil (6 a.m.)

Gasoline: +P0.80 per liter

Kerosene: +P2.90 per liter

Diesel: +P2.70 per liter

Caltex (12:01 a.m.)

Gasoline (Platinum): +P0.80 per liter

Gasoline (Silver): +P0.80 per liter

Kerosene: +P2.90 per liter

Diesel: +P2.70

PTT Philippines (6 a.m.)

Gasoline: +P0.80 per liter

Diesel: +P2.70 per liter

Unioil (6 a.m.)

Gasoline: +P0.80 per liter

Diesel: +P2.70 per liter

Phoenix Petroleum (6 a.m.)

Gasoline: +P0.80 per liter

Diesel: +P2.70 per liter

This is the second straight week that local oil firms have jacked up their prices.  However, the increases were less was than those of last week.

Local fuel prices are set based on the average Mean of Platts Singapore (MOPS).

MOPS is the daily average price of refined petroleum products in Singapore trading. It is used for pricing petroleum products in Southeast Asia.

Cumulative increases as of writing stand at P15.65 per liter for gasoline, P35.80 per liter for diesel and P26.75 per liter for kerosene.

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